24. The theory that suggests specialization by country can increase worldwide pr

Question

24. The theory that suggests specialization by country can increase worldwide production is a) the theory of comparative advantage. b) the theory of foreign direct investment. c) the international Fisher effect d) the theory of working capital management. 25. Appreciation of the Canadian dollar will: A. intensify an existing disequilibrium in Canada's balance of payments. B. make Canada's exports less expensive and its imports more expensive. C. make Canada's exports more expensive and its imports less expensive. D. make Canada's exports and imports both more expensive.

Explanation / Answer

24.) The theory of comparative advantage suggest specialization by country which can increase the worldwide production. it is an economic law it speaks about , with a low opportunity cost it wil be able to produce goods and services. the option is A

25.) Appreciation of candidan dollar will make canada s export more expensive and its import very less expenives.the option is C as the value of candidan dollar increases

Related Questions

Navigate

• Browse (All)
• Browse 2
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.